Heir of Nazi Victim Settles Painting Dispute

The Museum of Modern Art and the Solomon R. Guggenheim Museum reached a settlement over two Picasso paintings claimed by a great-nephew of a German Jewish broker who allegedly sold the paintings under duress.  The agreement allows the museums to keep the paintings.

See Randy Kennedy, Museums and Heirs Settle Dispute Over Picasso, NY Times, Feb. 2, 2009.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention